Project Management Question Bank
for Exam preparation

Q2. The purpose of lessons learned is to bring together any insights gained during a project that can be usefully applied on future projects. When should a project manager ideally commence this activity?

1. At the start of project planning
2. At the start of project execution
3. During the project closure
4. From project kickoff meeting

Q3. Which of the following methods of forecasting EAC and ETC is the most accurate?

1. ETC based on CPI
2. ETC based on BAC
3. ETC based on CPI and SPI
4. ETC based on new estimate

Q4. A project manager has completed risk response planning. She as planning to go on to risk monitoring and control when she found out from another project manager that she forgot to do something important in this step. Which of the following did she forget?

1. She has not created an overall risk ranking for the project
2. She has not analyzed secondary risks
3. She has not created workarounds
4. She has not created a prioritized list of quantified risks.

Q5. Your project team has identified a major project risk. After talking to the project management office, they determine that a reserve on the project is not necessary. What is the NEXT step?

1. List the time or cost overrun expected on the project in your project management plan.
2. Develop risk transference strategies.
3. Create a risk response plan that includes the risk.
4. Ignore he risk until it happens.

Q6. PMBOK recognizes five process groups typical of nearly all projects. Which of the following is not one of them?

1. Executing
2. Monitoring and Controlling
3. Planning
4. Pre-Inception

Q7. Which of the following is not true about the WBS?

1. The project team must be involved in developing the WBS.
2. The WBS must represent all product and project work.
3. WBS should focus on activities rather than deliverables.
4. WBS is usually represented in a hierarchical fashion.

Q8. A team member notifies the project manager that a quality requirement for the project cannot be met. What is the LEAST effective thing for the project manager to do?

1. Notify management
2. Hold a team meeting
3. Look for alternative ways to meet quality level.
4. Ask management to come up with options.

Q9. Which parts of the risk management process use the project scope statement as an input?

1. Plan Risk Management and Control Risks
2. Perform Qualitative Risk Analysis and Plan Risk Management
3. Perform Quantitative Risk Analysis and Plan Risk Responses
4. Plan Risk Responses and Control Risks.

Q10. Megawatt is estimating the expected cost of a new ERP system deployment project using the actual costs of an earlier similar ERP system deployment project as the basis for the cost. This is what type of estimating?

1. Analogous
2. Bottom-up
3. Expert Judgment
4. Parametric